HTZ · Hertz Global Holdings, Inc
$1.81
+0.05 (+2.85%)
At close · Oct 5
Return incl. dividend (before tax)
Market Cap
$549.43M
Shares
315.76M
Volume · Oct 5
11.18M
Avg daily vol (3M)
28.2M
Price & Indicators
20d MA
50d MA
200d MA
Earnings
Filing
Insider
Congress
Investor day
Close$1.76
Open$1.78
Day$1.72–1.79
52W close$1.51–7.81
Avg vol 30d14.4M
Short int115.9M · 36.7% float · 8.5d
Short vol57%
Last earningsAug 6, 2026
DataJul 2021–Oct 2026
Filing10-Q · Aug 6
Up next
Next earnings call
Nov 4, 2026
Est · unconfirmed
· in 4 wks
filed Aug 6, 2026
call held May 7, 2026
Metrics snapshot
Useful current figures from the complete screener profile.
Revenue (TTM)
$8.70B
Trailing 12 months
Net income (TTM)
−$637.00M
Trailing 12 months
Revenue growth YoY
+10.5%
Year over year
Operating margin
—
Trailing 12 months
P / E (TTM)
—
Trailing earnings
FCF yield
—
TTM · current market cap
Return on invested capital
—
Trailing 12 months
Net cash
$583.00M
Latest balance sheet
Dividend yield
—
Trailing 12 months
Shares change YoY
+2.3%
Year over year · more shares
Price change (1Y)
-73.6%
Trailing year
Short interest
36.7%
Latest settlement · 8.5 days to cover
AI Brief
Q2 FY26 earnings call · Aug 6, 2026
Q2 FY26
TL;DR. Hertz posted Q2 revenue up 10% to $2.4B and Adjusted Corporate EBITDA of $81M (above revised guidance top end), but cut full-year liquidity guidance to $1.0–1.4B from ~$1.5B after removing ATM proceeds, while flagging substantial 2028–2029 debt maturities and a sharp drop in market capitalization.
Bullish
- + Q2 revenue rose 10% year-over-year to $2.4 billion with record second-quarter RPD excluding the 2022 pandemic peak.
- + Q2 Adjusted Corporate EBITDA was $81 million, a $63 million year-over-year improvement and above the top end of revised guidance.
- + Q2 GAAP net income of $64 million (Diluted GAAP EPS $0.05) versus a $294 million loss a year earlier.
- + Oro's first AV partnership with Uber's robotaxi program is on track to begin later this year in San Francisco after drivers logged over six million miles.
- + RPU rose 8% year-over-year above the North Star target, and full-year RPU is now expected to trend above the $1,500 North Star.
- + For 2027, Hertz expects to reach full-year net income profitability and be free cash flow positive, with a continued $1 billion Adjusted Corporate EBITDA target.
Bearish
- − Full-year liquidity guidance was lowered to $1.0–$1.4 billion from about $1.5 billion after removing expected ATM proceeds.
- − Adjusted DOE per Day rose 4% year-over-year to $37.49, slightly above company expectations due to higher revenue-related variable costs and sale-leaseback expenses.
- − Recall activity ran approximately 300% higher year-over-year, impacting an average of nearly 15,000 vehicles and clipping ~$30 million from Q2 Adjusted Corporate EBITDA.
- − Market capitalization fell to roughly one-third of its level 90 days earlier despite management's view of stronger fundamentals.
From the call
AI-generated from the earnings call and 8-K · may contain errors · not investment advice
Equibles Research
our published analysis of this company
Equibles Rating
blended score · not investment adviceOverall
Sell
SellHoldBuy
Technical
Strong Sell
Momentum
Very Weak
Sentiment
Neutral
Fundamentals
Fair
Quant / Vol
Very High
Market backdrop
VIX 15.3 · calm
Equity put/call 0.58
Technical
price trend
50 / 200-day cross
No cross
Price vs 200-day avg
−57%
below
Price vs 50-day avg
−11%
below
RSI (14)
40
neutral
MACD trend
Negative
52-week position
4%
near low
Volume (OBV)
Confirms
volume backs price
Momentum
relative strength
1-month return
−22%
trailing
6-month return
−73%
trailing
YTD return
−66%
this year
Relative strength
−86%
vs S&P · 6-mo
Sentiment
smart money
Trend (MA cross)
No cross
50d $2 › 200d $4 — 200d above 50d
Institutional flow
Accumulating
+9% holders QoQ · +63 funds added
Insider flow
Flat
No net insider activity over 90 days
Short interest
Rising
36.69% of float · ▲ +1.2% MoM · 8.5 days cover
Volume signal
Normal
Volume near normal
Institution breadth
Multi-yr high
329 holders — near 3-yr high, broad support
Squeeze score
73
high risk · 0–100
Fundamentals
Revenue growth
−6%
Y/Y
EPS growth
+74%
Y/Y
Buyback
$874.0M
remaining
Balance sheet
$16.5B
net debt
Quant / Vol
risk profile
Volatility
98%
annualized · 1-yr
Max drawdown
−81%
past year
ATR
6.9%
of price · 14-day
Blended from price, momentum, positioning, fundamentals & volatility · daily-close · not investment advice. Market backdrop is context, not part of the score.
Guidance & track record
Latest guidance
· from the 8-K filed Aug 6, 2026
Net Depreciation per Unit per Month (Net DPU)
· full-year
up to $300
Guidance from company 8-Ks · delivered figures from as-reported statements · no analyst estimates involved.
Technicals
trend & momentum for long-term holders Strong Sell
50 / 200-day cross
No cross
Neutral
Price vs 200-day avg
−57%
Bearish
Price vs 50-day avg
−11%
Bearish
RSI (14)
40
Neutral
MACD trend
Negative
Bearish
52-week position
4%
Bearish
Volume (OBV)
Confirms
Neutral
Market signals — smart money & positioning
Bullish · 2 of 6
Trend (MA cross)
No cross
50d $2 › 200d $4 — 200d above 50d
Institutional flow
Accumulating
+9% holders QoQ · +63 funds added
Insider flow
Flat
No net insider activity over 90 days
Short interest
Rising
36.69% of float · ▲ +1.2% MoM · 8.5 days cover
Volume signal
Normal
Volume near normal
Institution breadth
Multi-yr high
329 holders — near 3-yr high, broad support
Price context
position in its 52-week range
Range low $2
Now $2 · 4%
Range high $8
vs 200-day avg -57%
vs 50-day avg -11%
Illustrative technical + ownership context — a signal mix, not investment advice.
Key metrics
the company's own KPIs, from written earnings releases and filings| Metric | Latest | Period | YoY |
|---|---|---|---|
| Adjusted Corporate EBITDA non-GAAP | -$80M | Six Months Ended June 30, 2026 | — |
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| Adjusted Corporate EBITDA margin non-GAAP | 3% | Three Months Ended June 30, 2026 | — |
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| Adjusted Diluted Earnings (Loss) Per Share non-GAAP | -$0.76 | Six Months Ended June 30, 2026 | — |
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| Adjusted free cash flow non-GAAP | -$304M | Six Months Ended June 30, 2026 | — |
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| Adjusted Net Income (Loss) non-GAAP | -$271M | Six Months Ended June 30, 2026 | — |
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| Adjusted operating cash flow non-GAAP | -$319M | Six Months Ended June 30, 2026 | — |
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| Americas RAC Segment Adjusted EBITDA non-GAAP | $88M | Q2 2026 | — |
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| Available Car Days | 18.04M | Six Months Ended June 30, 2026 | — |
| Average Rentable Vehicles | 106,986 | Three Months Ended June 30, 2026 filing | — |
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| Average Rentable Vehicles (in whole units) | 410,849 | Three Months Ended June 30, 2026 filing | — |
| Average Vehicles | 101,993 | Six Months Ended June 30, 2026 | — |
| International RAC Segment Adjusted EBITDA non-GAAP | $47M | Three Months Ended June 30, 2026 filing | — |
| Liquidity | $984M | Q2 2026 | — |
| LTM Adjusted Corporate EBITDA non-GAAP | -$59M | Six Months Ended June 30, 2026 | — |
| Net Debt | $17.96B | As of June 30, 2026 | — |
| Net fleet growth after financing non-GAAP | $235M | Three Months Ended June 30, 2026 | — |
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| Total Available Car Days | 18.47M | Six Months Ended June 30, 2026 | — |
| Total revenue per unit | $8,698 | Six Months Ended June 30, 2026 | — |
| Total RPD | $61.49 | Three Months Ended June 30, 2026 filing | — |
| Total RPD (in dollars) | $62.11 | Three Months Ended June 30, 2026 filing | — |
| Total RPU Per Month | $1,485 | Three Months Ended June 30, 2026 filing | — |
| Total RPU Per Month (in whole dollars) | $1,557 | Three Months Ended June 30, 2026 filing | — |
| Transaction Days | 14.08M | Six Months Ended June 30, 2026 | — |
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| Transaction Days (in thousands) | 30.9M | Three Months Ended June 30, 2026 filing | — |
| Vehicle Utilization | 80% | Three Months Ended June 30, 2026 filing | — |
| Americas RAC Segment Average Rentable Vehicles | 401,094 | Q1 2026 | — |
| Americas RAC Segment Average Vehicles | 419,829 | Q1 2026 | — |
| Americas RAC Segment Transaction Days | 28.56M | Q1 2026 | — |
| International RAC Segment Average Rentable Vehicles | 92,265 | Q1 2026 | — |
| International RAC Segment Average Vehicles | 94,334 | Q1 2026 | — |
| International RAC Segment Transaction Days | 6.33M | Q1 2026 | — |
| Total Revenue Per Unit Per Month | $1,353 | Q1 2026 | — |
| Depreciation Per Unit Per Month non-GAAP | $260 | Twelve Months Ended December 31, 2025 | — |
Figures exactly as the company stated them in writing · click a metric with a to chart its history · period links open the stating document · "filing" marks figures stated in the 10-K/10-Q · YoY needs an exactly comparable prior-year period
Versus peers
Rental & Leasing Services — same industry group| Company | Mkt cap | YTD | Rev growth Y/Y | P/E | Short % shares |
|---|---|---|---|---|---|
|
HTZ
this stock
Hertz Global Holdings, Inc
|
$549.43M | -65.8% | -6.0% | — | 36.7% |
|
URI
United Rentals, Inc.
|
$65.59B | +33.6% | +4.9% | 26.7 | 2.5% |
|
SUNB
Sunbelt Rentals Holdings, Inc.
|
$30.76B | — | +3.4% | — | 2.1% |
|
AER
AerCap Holdings N.V.
|
$22.91B | +0.4% | +6.5% | — | 2.2% |
|
UHAL
U-Haul Holding Co /NV/
|
$11.85B | +22.8% | +3.6% | — | 0.8% |
Peers by industry group · P/E from as-reported trailing EPS · short % is of shares outstanding
At a glance
key data from every sectionOwnership
Short & Settlement
Smart Money
Financials
Filings
Performance
| 5D | 20D | 120D | MTD | YTD | |
|---|---|---|---|---|---|
| HTZ | +1.2% | -22.5% | -73.4% | +5.4% | -65.8% |
| SPY | -0.2% | -0.5% | +12.2% | +0.9% | +12.9% |
| vs SPY | +1.4% | -22.0% | -85.6% | +4.5% | -78.6% |
Capital returns
Buyback program
· as of Dec 31, 2025
Authorized
$2.00B
Spent (derived)
$1.13B
Remaining
$874.00M
Spent
Remaining
Dividends per share over the trailing 365 days by ex-date · buyback figures as last reported in SEC filings ("spent" derived as authorized − remaining; when several programs run concurrently, authorized is their combined total per the newest filing) · components shown separately — trailing-year buyback spend isn't tracked, so no combined shareholder yield is derived.